Long
$FIT possible consolidation before rise up
*I DO NOT ACTIVELY TAKE RETAIL TRADES, USE YOUR OWN JUDGEMENT*
BULL
Bear
Problems getting over 15.95 which has created resistance, even with a the surprise better than expected earning.
Other:
tight ranges mean it might be a long hold. Might not be a great trade is you want to just be in and out in 3d -> week.
Possible trade plan might look like:
buy below 14.40 , above 13.79
take half off entering or touch resistance level,
start looking to sell 18.4 w/ possible target at 19.42
stop at 13.
BULL
- huge earnings surprise
- double bottom at 11.89.
- index still in uptrend
- fitbit gear trend still increasing. no great competitors.
Bear
Problems getting over 15.95 which has created resistance, even with a the surprise better than expected earning.
Other:
tight ranges mean it might be a long hold. Might not be a great trade is you want to just be in and out in 3d -> week.
Possible trade plan might look like:
buy below 14.40 , above 13.79
take half off entering or touch resistance level,
start looking to sell 18.4 w/ possible target at 19.42
stop at 13.
Note
fit now entering the sell block. taking some off tommorow at openNote
fit closed @ 17.15. 70% taken off
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.